Target Price Playground
BRZE
$18.97
Forward Projection
If price hits $22 by Jun 19
Historical Backtest
Coming soon
Signal Backtest
Coming soon
๐ Strategy
Long Stock
Long Call
Long Put
Bull Call Spread
Bear Put Spread
Covered Call
Protective Put
Cash-Secured Put
Diagonal Put Spread
Long Straddle
Bet on big move in either direction. Two premiums paid.
๐ฏ Target
67d from today
โ๏ธ Legs
LONG CALL ยท $19 ยท Jun '26
Qty 1 ยท Premium $1.03 ยท ฮ 0.55
LONG PUT ยท $19 ยท Jun '26
Qty 1 ยท Premium $0.91 ยท ฮ -0.45
P&L at Expiry
Stock (100 sh)
Long Straddle
Now
Target
๐ก Stock vs Options at Target
If BRZE hits $22 by Jun 19: the long straddle returns +$106 (54.6%) on $194 risked, vs +$303 (16.0%) for 100 shares on $1,897. Options give 3.4ร capital efficiency.
๐ Expiry
Options expire Jun 19, 2026 (67 days out). P&L shown is the value at expiry if BRZE is at $22. Use the 30d / 60d / 90d / 180d pills to compare different expiries.
๐ Projected Return
P&L if BRZE hits $22 by Jun 19
+$106
+54.6% on $194 risked
Max Profit
Unlimited
Unlimited on a big move
Max Loss
โ$194
Both premiums paid
Break-even
$17.06
-10.07% from spot
Prob. of Target Hit
21%
IV-implied, 67d (rough)
Net ฮ / ฮ / V
9.25 / -1.44 / 6.44
per spread, per $1 move / day / vol pt
๐ Notes for each mode (not shown on real page)
Forward Projection
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Reprices legs at (target_price, target_date) via Black-Scholes. Works on existing BS service. Simplest mode โ ship first.
Historical Backtest
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Uses our historical options chains to replay this exact strategy over past expirations. Needs: date picker, "rolling every N days", cumulative P&L chart.
Signal Backtest
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
"Run this strategy on every BUY-rated stock with score โฅ 80 for last 90d." Reuses score_backtest pipeline + strategy overlay.
Solve for Return
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
Inverse: user says "+50% in 90d", system solves for required price move, shows IV-implied probability. Pure math.
๐ P&L Scenarios โ what happens at different prices and dates
| BRZE Price | Today | May 5 | May 27 | Jun 19 (exp) |
|---|---|---|---|---|
| $15 (-20%) | +$181 | +$180 | +$183 | +$188 |
| $16 (-15%) | +$103 | +$94 | +$90 | +$94 |
| $17 (-10%) | +$42 | +$22 | +$4 | -$1 |
| $18 (-5%) | +$6 | -$24 | -$59 | -$96 |
| $19 (-2%) | -$1 | -$35 | -$78 | -$153 |
| $19 (0%) โ spot | +$0 | -$35 | -$80 | -$191 |
| $19 (+2%) | +$6 | -$29 | -$74 | -$159 |
| $20 (+5%) | +$23 | -$11 | -$52 | -$102 |
| $21 (+10%) | +$70 | +$42 | +$12 | -$7 |
| $22 (+16%) โ target | +$151 | +$131 | +$114 | +$106 |
| $23 (+20%) | +$214 | +$199 | +$188 | +$182 |
Uses BRZE's current IV for repricing. P&L includes all legs (stock + options). Qty: 1x.